Angola Central Bank Cuts Main Interest Rate As Inflation Falls
Sep 28, 2022 ·
40s
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Description
Angola’s central bank cut its main interest rate by 50 basis points to 19.50% in a decision. The move comes after the southern African country’s inflation eased further to 19.78%...
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Angola’s central bank cut its main interest rate by 50 basis points to 19.50% in a decision.
The move comes after the southern African country’s inflation eased further to 19.78% on a year-on-year basis in August, down from 21.40% in July and 27.66% in January.
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The move comes after the southern African country’s inflation eased further to 19.78% on a year-on-year basis in August, down from 21.40% in July and 27.66% in January.
Information
| Author | Africa Business Radio |
| Organization | Africa Business Radio |
| Website | - |
| Tags |
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